- cross-posted to:
- world@lemmy.world
- cross-posted to:
- world@lemmy.world
Canada is searching for an international grocer to enter its domestic market, after years of anger from shoppers over high food prices, much of it directed at one of the big players. But would an Aldi or a Lidl solve the problem?
Interestingly they’re both actually privately owned. So if they wanted to break into the Canadian market they wouldn’t have the worry of shareholders getting cold feet in the same way a publicly owned company would.
The way it would probably work is they’d wait until their presences in the USA were large enough that they could supply the Canadian operation cross border. Until they had large enough portfolios to make it worth having a proper network in Canada.
Yeah I would imagine that Aldi and Lidl are barley profitable in the USA yet, and they’ve both been in that market for over a decade.
Would breaking them up not be an option?